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Besides the fact that the airliner business runs in decades, not years, there are other problems with the airline business. Airlines usually build their fleets
by muddi900 2y ago
Besides the fact that the airliner business runs in decades, not years, there are other problems with the airline business. Airlines usually build their fleets around specific plane lines. Some use the variants of the same model. It is easier to hire and train pilots and crew this way.
Spirit Air and Jet blue use Airbus primarily. Not wanna be them.
- nothercastle 2y agoAren’t they both nearly bankrupt
- toomuchtodo 2y agoEquity holders get wiped out, the business recapitalizes, and everything keeps running. See Hertz for an example.
- muddi900 2y agoHertz was a unique case where shareholders won: https://www.ft.com/content/f41eac59-3404-4504-b698-b4ead8f149df https://www.ft.com/content/f41eac59-3404-4504-b698-b4ead8f14...